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Crypto

Solana Whale Returns with $8M Buy Amid Bullish Market

Guavy AI Editorial Team
Instruments
SOL
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Solana's price dropped from $110 to $102 in recent weeks but has stabilized around $105 thanks to strong buying interest from high net worth investors and whales.

A notable Solana whale returned after eight months, purchasing $8 million worth of SOL, signaling renewed confidence in the altcoin market.

Despite a 64% drop in altcoin trading volume, technical indicators suggest bullish momentum could continue if buying persists.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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